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Tag Archives: technical reserves

Posted in Italy, Regulatory and legislative updates

Italy: Note on IVASS Resolution No. 22 or 21 October 2014

With Resolution No. 22 of 21 October 2014, Italy’s insurance regulator IVASS announced changes to the regime governing the kinds of investments and assets that insurance companies may use to cover technical reserves (riserve tecniche). Following two rounds of public consultation, the regulator revealed its decision to expand the range of assets to include direct

Posted in Italy, Regulatory and legislative updates

Italy: IVASS consultation on Regulation 36/2011 extending permitted investments for technical purposes

On 10 June 2014, IVASS launched a public consultation (the “Consultation“) concerning amendments to ISVAP Regulation 36/2011 setting out the guidelines on investments and assets eligible for technical reserves. Regulation 36/2011 was recently amended by IVASS Resolution No. 17 of 15 April 2014 which was adopted for the purpose of implementing the EIOPA Guidelines (please